2016-11-14 General Committee Meeting Notes

GENERAL COMMITTEE MEETING AGENDA   14 NOVEMBER 2016


                                         Attachment 1




                                        Page 13 of 30

GENERAL COMMITTEE MEETING AGENDA                                                                       14 NOVEMBER 2016

                                                                                                                    Attachment 1

   Revenue
         Recurrent Revenue
         Rates, levies and charges                           62,319,194          31,159,597          31,126,654               50%
         Fees and charges                                     4,358,451           1,942,015           2,279,067               52%
         Dividend income                                      1,651,805             60,889              60,889                 4%
         Interest received                                    4,155,093           1,179,191           1,389,908               33%
         Tax equivalents                                      1,489,834             300,433            300,433                20%
         Sale of Goods and Major Services                     7,612,893           2,486,246           2,748,062               36%
         Sale of Contract & Recoverable Works                    15,970               5,323               553                   3%
         Rental & Lease Income                                1,237,656            453,083             477,692                39%
         Other income                                           625,369             295,808            384,702                62%
         Grants, subsidies, contributions and donations       5,540,978           1,955,604           2,006,006               36%
                                                             89,007,242          39,838,189          40,773,966               46%
   Expenses
         Recurrent Expenses
         Employee benefits                                   28,522,968           8,760,152           8,570,122               30%
         Materials and services                              40,501,688          13,391,411          12,931,580               32%
         Finance costs                                        2,583,584             861,195            841,478                 33%
         Depreciation and amortisation                       17,122,216           5,707,405           5,707,405               33%
         Other expenses                                          85,863             32,999              34,858                41%
                                                             88,816,319          28,753,162          28,085,443               32%

  OperatingResult =                                            490,928         14,085,027          12,688,523
   Capital Revenue
         Capital contributions and donations                  1,733,634           1,076,442           1,782,087              103%
         Grants, subsidies, contributions and donations       5,179,000             785,000            750,000                 14%
         Other capital revenue                                        -                   -                   -
 Total CapitalRevenue                                         6,912,634          1861442             2.592,087

                                                                                                                 Page 13 of 30